India needs more women entrepreneurs for its socio-economic wellbeing, says ace industrialist Sanjay Dalmia

The last few years have witnessed the concept of Women entrepreneurship gaining a lot of momentum in India.  More and more number of women are entering the world of entrepreneurship and setting new precedents by beating all the odds. They have successfully made inroads into the traditionally male-dominated sphere of business and how!

Deeming women entrepreneurship as one of the key sources of a nation’s economic growth, ace industrialist Sanjay Dalmia says, “Women entrepreneurship is potent enough to make a major contribution to the economic well-being of the family, community and the country as a whole.”

Currently, India boasts of a number of women entrepreneurs who have become the leading icons in terms of success, in India and abroad as well. Arundhati Bhattacharya, Chairperson of SBI bank, Chanda Kochhar, Managing Director and CEO of ICICI Bank, Kiran Mazumdar-Shaw, Chairman and Managing Director of Biocon, and Shobhana Bhartia, Chairperson and Editorial Director of HT Media Ltd, among others.

As per the Government of India, the concept of Women Entrepreneurs is defined as ― an enterprise owned and controlled by women having a minimum financial interest of 51 per cent of the capital and giving at least 51 per cent of the employment generated in the enterprise to women. Statistics show that only 14% of business ventures in India are being run by women entrepreneurs. Considering this, more and more number of women have to be encouraged to start their own businesses for contributing to the country’s overall growth and development.

“In a number of cases, women are not aware of the potential they harbour within themselves. Right mentoring and guidance is all what they need to be motivated and realize their capabilities,” says Sanjay Dalmia.

Focusing on the need for encouraging women entrepreneurship for women empowerment, Mr Dalmia, chairman of Dalmia Health adds, “With the successful women entrepreneurs evolving as mentors, there can be a major positive change in the perceptual challenges faced by the aspiring women entrepreneurs. This can certainly help in eliminating the roadblocks in the entrepreneurial journey of women.”